first_img 5 Stocks For Trying To Build Wealth After 50 Royston Wild | Tuesday, 27th October, 2020 See all posts by Royston Wild It looks as if the dangers to the economic recovery are growing by the day. Covid-19 infection rates continue to soar, and their severe implications for the global recovery are growing. I don’t think UK share investors should stop buying stocks though. Indeed, I don’t think they can afford to with the future of the State Pension appearing increasingly bleak.World economies bounced back in recent months as coronavirus-related lockdowns were largely unwound. However, barriers are being put back up as a second wave of the pandemic sweeps across continents. Apart from the tragic human cost, this fresh wave has endangered hopes of a strong and swift economic rebound.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Experts at ING Bank have just commented with regards to the eurozone: “A double-dip in the fourth quarter is becoming more of a realistic scenario by the day.”It’s a situation that threatens to disrupt the economic rebound all on its own. But rising Covid-19 cases, from the UK and China to Brazil and the US, and everywhere in between, mean the eurozone isn’t the only regional economy in severe danger.7%-plus dividend yieldsIn this environment, UK share investors clearly need to be extremely careful. Shareholder returns threaten to suffer significantly as corporate profits dry up and balance sheets come under severe pressure.However, it doesn’t mean investors like me need to retreat into a cave. The beauty of share investing is that there are UK shares of all shapes and sizes for me to choose from. This means I can invest in companies that should thrive, in spite of the economic downturn. They can still be expected to make their shareholders a boatload of cash then.Take water supplier United Utilities Group and electricity generator SSE, for example. These UK shares provide essential services we can’t do without, whatever point in the economic cycle we are in. This provides excellent earnings visibility and gives them the confidence to keep paying big dividends during upturns and downturns. This is why SSE and United Utilities sport chunky forward yields of 6.1% and 4.9% respectively.Our spending on buildings, contents and car insurance also doesn’t tend to be largely affected during tough economic conditions. This makes Admiral Group (with its 5.3% dividend yield) and Sabre Insurance Group (which yields 7.7%) rock-solid buys for today. We can also be confident in investing in food producers like Tate & Lyle in times like these. This UK share yields 4.5%. Or medicine maker GlaxoSmithKline and its peers. The healthcare giant yields a mighty 6% right now.Getting rich with UK sharesGlaxo et al are just a few UK shares that are brilliant buys despite the uncertain economic outlook. But they’re not the only white-hot dividend stocks I’d load into my ISA today. Indeed, there are stacks of income-generating UK shares that have the capacity to deliver spectacular shareholder returns during the 2020s. No matter an individual’s attitude to risk, share investing remains a great way to make money work. Simply click below to discover how you can take advantage of this. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Top stocks for an ISA! 6 UK shares with big dividends I’d buy for a long economic downturn Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img Our 6 ‘Best Buys Now’ Shares Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Admiral Group and GlaxoSmithKline. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Image source: Getty Images Click here to claim your free copy of this special investing report now!last_img